SBI Q2: Analysts peg NII growth at 5% YoY, profit may increase up to 100%

Operationally, though, State Bank of India's net interest income (NII) is seen rising between 0.6 per cent and 4.6 per cent YoY

SBI Q2 preview: India's biggest state-owned lender State Bank of India (SBI) is set to report its July-September quarter (Q2FY22) earnings on Wednesday, November 3, and most brokerages are extremely bullish on the lender’s net profit for the quarter.
 

Domestic brokerage Prabhudas Lilladher, for instance, expects the lender’s profit after tax (PAT) to more-than-double, or surge 102.5 per cent, on year to Rs 9,263.3 crore for the period under review. The same was Rs 4,574.2 crore last year (Q2FY21).

Sequentially, this would be a 42 per cent growth over Rs 6,504-crore PAT clocked in Q1FY22. 
 

Global brokerages, Nomura and HSBC, meanwhile,